BRIGHTWATER RETIREMENT LLC — financial and operating metrics

CCN 425395, MYRTLE BEACH, SC · Medicare cost reports, FY2022–FY2024

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2022FY2023FY2024
Total facility bedsunverified676767
Total bed days availableunverified24,45524,45524,522
Total inpatient daysunverified16,95717,11919,511
Total patient revenue (gross charges)unverified$9,959,929$11,512,472$12,517,242
Contractual allowances and discountsunverified$2,241,231$2,754,042$1,727,397
Net patient revenueunverified$7,718,698$8,758,430$10,789,845
Total operating expensesunverified$22,256,444$22,911,221$25,784,743
Net income from service to patientsunverified$-14,537,746$-14,152,791$-14,994,898
Net income (loss) for the periodunverified$-5,856,803$-4,339,906$-4,634,137
Operating marginunverified-188.3%-161.6%-139.0%
Occupancy rateunverified69.3%70.0%79.6%
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See pricing · How we derive these numbers